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VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
If AI agents can act on their own, who is responsible for their actions?Microsoft CEO Satya Nadella believes businesses should begin treating AI agents more like employees, complete with identities, permissions,...
AI to bring more jobs; Indian engineers must focus on collaboration: Microsoft's Rajiv KumarIndian engineers should embrace Artificial Intelligence, as it's expected to create more opportunities than disrupt jobs. A senior Microsof...
Anthropic vs OpenAI: Behind the bitter battle for the future of AIThe fierce competition between Anthropic and OpenAI is accelerating AI advancements and driving a race towards blockbuster IPOs. This rival...
Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
OpenAI IPO: Date, share price, valuation, timing and all details investors need to knowOpenAI IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 bil...
AI coding startup Cursor, courted by SpaceX, picks London as European hubElon Musk's SpaceX, which is readying for a closely watched IPO this week, said in April it had secured an option to either acquire code-...
OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
OpenAI IPO: ChatGPT maker files for US Stock Market initial public offering after Anthropic, SpaceXOpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...
Voice AI startup ElevenLabs appoints Alexander Holt its field CTOVoice AI firm ElevenLabs has appointed Alexander Holt as its Field CTO, a move aimed at accelerating AI integration for enterprise clients ...
Saving Siri: After two years of stumbles, is Apple's AI moment here?Siri debuted in 2011 and is accessible through the bulk of Apple's installed base of 2.5 billion devices, but hundreds of millions of consu...
Enterprise AI Adoption Enters a New Phase as Companies Shift Focus From Access to ROIFor the past two years, enterprises have encouraged employees to adopt AI tools at scale. Now, some of the biggest corporate users of AI ar...
India leading the pack in AI adoption: Microsoft’s Puneet ChandokIndia is leading Copilot's rapid adoption, with a 250% year-on-year growth in deployment. Major IT firms like Infosys, TCS, and Wipro are s...
India’s AI edge will come from talent, not compute, says Snowflake CEOSnowflake CEO Sridhar Ramaswamy believes India's AI advantage lies in its talent and innovation under constraints, not just infrastructure....